Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 4, 1981, Winnipeg, Manitoba 14 Winnipeg free july growth hungry ugg expects Best year by Jack Francis United Grain growers has a Good Chance of elevating business to a rec Ord High level this a Happy Prospect for its 75th fat vol ume of Grain handled reached an Al time High of million tonnes last year and that is expected to be exceeded this business has been brisk since the crop year started last 1 and Only a serious slowdown in farm deliveries in the last Days of the crop which ends july could spoil its an annual Spring weather and Market watch explained by ugg presi Dent Mac Runciman we were ahead of last year for the first eight but we usually take in 20 per cent of the total in the last six weeks of the crop year after Farmers have assured them selves there Are prospects for Good yields on the next in May and june there tends to be a Holdback to assure stocks for feed or later markets if there Are indicators of poor yields or strengthen ing prices excellent prospects now with moisture improved by Good june Rains and excellent prospects of a big Grain crops across much of the West this Farmers Are moving last years carryover out of their bins into commercial the Winnipeg based set up Early in the Century As a Small country elevator has grown to rival Alberta wheat Pool As the second largest handler in the country behind the Grain province Saskatchewan wheat and parallels both in expansion into farm services and feed along with 559 licenced country elevators at 370 locations stretching from Lac Dubonnet in Eastern Manitoba to fort John in the peace country of British ugg has two Termi business Nal elevators at Thunder Bay and one at the Vancouver terminal recently got a million upgrading and could be in line for further work to expand storage company planners also at the West coast the Coop is a partner in the six company consortium working on a new Export terminal in Prince Rupert to help Han dle an expected Strong expansion in Trade with Pacific rim another significant Factor in the organizations economic prospects is what general manager Gordon Moss Calls the invasion it Calls for construction of a Grain handling facility at one new Point a year for about 15 this is designed to become competitive at those places identified As having the largest farm delivery Poten tial among Points where the Coop is not now the under consideration some years has recently been it was stalled by the uncertainties of what Points would be retained in the tug War Between the railways and politicians to abandon or retain less used Branch its not strictly ugg presi Dent Mac Runciman it was underway 20 years part of Consolida Tion efforts As soaring costs made Many smaller delivery Points economically some elevators had to be closed or older ones were torn some were moved Down the line to busier Points where they were combined with existing elevators in a unit cd fighting to elude feds run by one in the 1960s there were still More than country elevators at More than delivery Points across the Prairie Grain they had originally been spotted every 10 to 12 Miles along rail tracks running out into the grassroots for delivery by horse and and were run by More than 300 individual Grain companies before the dirty the number of firms fell to 60 by the end of the second world War and after recent years of intense there Are now about a dozen companies operating Eleva tors at in the whole delivery Points were disappearing As the which were toting up multimillion Dol Lar losses on Grain could not maintain Light density country Branch Small communities and schools had grown up around the so some social upheaval was local citizen group outcries caused political interference in the rationalization process and the railways were ordered to maintain some lines which were uneconomic for both transportation and until studies could determine their role and thus it became impossible for Grain companies to go far with plans for multimillion Dollar modern structures at new locations with the future in doubt for Many lines used exclusively for Grain larger centres several studies recommended abandonment of retention of but there were always a Large number left in there Are now Mac Runciman making sure enough abandoned lines to create larger centres of the Grain Trade where Farmers Are trucking from areas which lost local and there Are indicators of ugg identified 12 to 15 such places where it would like to operate and already owns land at some of each elevator costs million to depending on the local some facilities serve areas which specialize in a few major crops and need ugg stays one of the three largest Grain handling Only a few big bins to hold other Points have dozens of different crops and grades that have to be binned separately in Complex and More costly the Lon term ugg invasion plan requires an investment of More than million in terms of today a major new Cost at these larger handling Points is about for an extended railway siding so that Many More rail cars can be spotted for this ugg announced construction of a million elevator at at the same longstanding facilities Are being upgraded and some replaced As the need the combination of the new and established facilities will give the Coop a Strong presence in a growth handling Western crops for Domestic and Export Runciman fears of takeover diminishing is Tony Hampson fighting to protect one of Canadas 30 largest compan ies and its Junior shareholders from the danger of gang rape at the hands of the feds that widely believed in the investment commune if its then Hampson and his Canada development May have found a new protective its their plan for one of the biggest and most Complex takeover arrangements in Canadian if cd president Hampson pulls it that could make the company seem so Lively and successful that Otta was string pullers will hesitate to in cd shareholders among the Public Are enjoying a suddenly much stronger Stock that will raise their Levels of indignation and sensitivity to any hint that Federal officials want changes in cd activity or top person More critical the investment Community and investors generally will be More Given the company new they even More strongly than in the that the Public was invited to put its Money into the cd and must be Given a fair the Federal government is the con 49 per cent but that Doest mean its free to do what it it or play by the Legal and ethical rules that protect other thus there has been past grumbling about gossip that Ottawa wanted to put its own Man in charge that it Felt the cd want enthusiastically marching in step with Federal policies on increasing Canadian ownership and other matters that it even wanted cd to lend a helping hand in the attempt to Rescue Large Masse Ferguson from its losses and Jack Mcarthur Hampson is perceived As opposing pressure to have cd run As anything but a profit oriented corporation seeking the Best investments its firmly believed that he wanted no part of Mas the big deals that could strengthen his hand would involve the Sale of cacs working control of giant Miner the cd acquisition of Tex a gulfs highly profitable Canadian assets and of Oil Gas company Aqui Taine each transaction in the package comes in at More than they could make the cd look pretty Good As now they increase Canadian ownership and be a Hig Visi ability demonstration of intense corporate they expand a company already ranking 15th by 17th by assets and 29th by sales among Canadian Industrial it seems Good for the news spurred the Price of cd common shares to a gain of within a few to Why would the feds want to interfere with such seemingly successful management if they it Sug Gest sinister motives that might be considered less than fair to other share holders while the transactions involving Tex a Gulf have hurdles yet to it seems Ottawa now will need More and face More critical scr if it wants to swing the cd in controversial Toronto Star by Chris Smith Canada development corporation cd common shares have returned to the Price they held before fears of government intervention drove them analysts say the increase is As much a result of last weeks announce ment that cd agreed to buy the 75percent holdings of Aquitaine of Canada from its French Parent As a result of restored Public Confidence in the in the Aquitaine share Purchase is part of a Complex three country Deal that could leave the cd with a big majority of the Canadian Petroleum holdings of what now is essentially a French As Well As the min eral assets in Canada of an american More difficult and that canadians nation of foreign owned Energy and mining assets by the cd will make it difficult for the Federal government to try to intervene in the cacs said Hugh partner in charge of research for Richardson that fact should make investors More Benham cd shares dropped in value in May after news stories appeared saying the which controls about 49 per cent of cd wanted the development corporation to be More Active in government Industrial and economic there were government moves to place former pet Ocanada head and former Liberal candidate Maurice Strong As chairman of the cd Board at its annual meeting Here on May a move which concerned Strong was elected to the but Winnipeg businessman Frederick sell ers remained the cd is an investment company formed to develop and maintain Strong Canadia controlled it was fully government owned when set up in Benham said the Aquitaine Deal re moves any conceivable excuse the Federal government might have to inter Vene in the the second stage of that Deal would see Elf the Parent try to buy outright Taxa Skuld cd now owns 37 per cent of Texas gulfs outstanding which it would turn Over to Elf Aqui Taine for Texas gulfs Canadian Alan Pitfield Mackay Ross said the investing Public is watching the situation closely to see if the government might inter Fere in the cd by pushing it to do something More politically motivated than practical in he said Aquitaine is in a High profile Energy sector which gives speculative Appeal to the Stock and the increase in cd shares was created by that As much As by reduced fears of intervene Rees chairman of the Manitoba Branch of the investment dealers association of said the new Deal is a reassurance to stockholders that the cd has sound management despite the potential for government it was a Chance for the cd to take on a further profitable a move which will effect its Stock Price in the Short run and perhaps in the Long he cd comon shares sold for on May the Day before the first intervention Story but dropped of the next thursday they were Back at after having hit on the first trading Day after the Aquitaine sports Angling investment Opportunity Call for proposals for an investment Opportunity to develop a Lodge facility at Utvik situated in the Northeast Region of the Utvik Lake comprises significant sports Angling sealed proposals for the right to develop and operate a Lodge facility at Utvik Lake will be received by travel department of economic development and 7th 155 Carlton Manitoba r3c prospectus can be obtained from the travel Manitoba each proposal must be accompanied by a Deposit in the amount of certified Cheque payable to the minister of province of proposals will be received up to on August deposits will be returned to unsuccessful applicants no later than october for further information Contact development officer travel Manitoba department of economic development and tourism 7th 155 Carlton Street Manitoba r3c phone 204 9443797 doctors can rent examining rooms for the first time in doctors can rent examining rooms by the for an two examining 100 feet Are available at the Oakfield medical Centre on me Phillips Street at Cork rental fee includes Basic equip ment such As office disposable blood pressure rubber and Cotton As Well As a receptionist and waiting area shared by three other Doc Ron president of Bayshore investments and owner of the said the idea was suggested by several doctors who will work out of the newly built seven Oaks serving in West Kildonan and lord Selkirk Community he said Many doctors had offices downtown which they intended to they needed a More convenient location to see patients from the Hospital on Days they were working he compared it to renting a cottage in if youre Only there twice a that the period of time you pay he most of these doctors would work out of the Hospital about twice a added six examining rooms will be available for hourly rental in addition to regular rental the medical Centre is located about 150 Yards from seven Oaks Otke said six to 10 doctors have expressed interest and he will be sending out a brochure to 50 More video specially store Canadian company specializing in video Home computers and video games offering franchise Opportunity to those seeking to become a part of this exciting growing we provide exclusive protected territory unique store design site assistance training ongoing training and support volume Purchase benefits for further information Don Ochinko video concepts 1047 Mcphillips Manitoba 204 5868289 your Complete video entertainment Centre announcement Fred week lev or Peter Vic Epresi Dent of dal sphere sales limit is pleased to announce the appointment of or Fred j Weekley As manager of their operations from Thunder Ontario to the Alberta Saskatchewan Border dal sphere is a major supplier of computer support equipment such As motor tur Power halon fire suppression systems and computer room air conditioners Fred will be operating from our begins address 2062 Cornwall Telephone 3065650421 appointment Oynex development d s chairman of the Board of Oynex development Ltd announced the appoint ment of or r u Rick Dettbarn As president and chief executive office of Oynex develop ment Ltd and its Alberta Rock Wool corporation Ltd or Dettbarn has held senior manufacturing positions with amen 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